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Corner Mixed-Use Building
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267 Flatbush Avenue, Brooklyn, NY 11217

Recently renovated property combines residential apartments with a restaurant space, rooftop, outdoor seating, and a finished basement.

Property Size10,611 SF
Days on Market146

Property Features for 267 Flatbush Avenue

General Information

Standard status Active
Size 10,611 SF
Property subtype Retail, Multifamily, Mixed Use
Net Operating Income $470,000

Additional Details

Public Transit Yes
Multifamily Units 9

Amenities

rooftop

Building Details

Buildings 1
Listing Agency: TerraCRG
Listed By: Dan Marks · License #NY 10301207091
Source: Crexi
Added: Apr 10 Changed: Aug 31 Last Checked: Aug 29 at 3:55PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of TerraCRG

Investment Insights

Based on property information with market context.

This corner mixed-use building contains 10,611 square feet with nine residential units and one commercial space. Eight apartments are free market, while one is rent stabilized. The property was recently gut renovated and includes a new lobby and rooftop. The commercial component is occupied by Morgan’s BBQ and features a substantial outdoor seating area plus a fully built-out basement.

The property is located on Flatbush Avenue in Prospect Heights, one block from the Bergen subway station serving the 2 and 3 trains. The Atlantic Avenue/Barclays Center station is two blocks away and provides access to the 4, 5, N, Q, R, B, and D trains, as well as the LIRR. Nearby destinations include Barclays Center, Pacific Park, Prospect Park, and a mix of local and national retailers.

Key Highlights

  • 10,611‑square‑foot corner mixed‑use property
  • Nine residential units plus one commercial space
  • Eight free‑market apartments and one rent‑stabilized unit

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Nursing Home Pet Grooming Service Tanning Salon Clothing & Fashion Store Adult Day Care Butcher

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

9
Residential units

Location Intelligence

Trade Area within ½ mile

13,911
Businesses Nearby

Demographics for 11217, NY

42,417
Population
21,590
Households
2
Avg Household Size
36
Median Age
73%
College-Educated
93%
High-School Grad
0.7 sq mi
ZIP Area
60,596
Density / Sq Mi
$158,314
Median Household Income
$95,067
Median Earnings
$2,800
Median Rent
$1,614,200
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Recently renovated property combines residential apartments with a restaurant space, rooftop, outdoor seating, and a finished basement.
Where is this mixed-use property located?
The property is located at 267 Flatbush Avenue Brooklyn, NY.
What are key features of this property?
This property features: 10,611‑square‑foot corner mixed‑use property; Nine residential units plus one commercial space; Eight free‑market apartments and one rent‑stabilized unit
More about this property
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